Nine months into its transformation from abandoned steel mill to modern industrial business park, the 3,100-acre Sparrows Point property in Baltimore, Md., has shed enough of its blighted recent history to begin courting prospective manufacturing and logistics tenants.
Developer Sparrows Point Terminal LLC named Chicago-based JLL in June to provide real-estate services for the massive redevelopment. Parsons Brinckerhoff will create a master plan for 2,400 developable acres to incorporate existing infrastructure such as 100 miles of short-line railroad and a 42-ft-deep port with a turning basin and a 1,150-ft pier.